The US announced major new restrictions on US citizens traveling to Cuba, blocking the most common way Americans are able to visit the island -- through organized tour groups that license US citizens to travel automatically.
Treasury Secretary Steven Mnuchin said in the statement that the restrictions are a result of Cuba continuing"to play a destabilizing role in the Western Hemisphere, providing a communist foothold in the region and propping up US adversaries in places like Venezuela and Nicaragua by fomenting instability, undermining the rule of law, and suppressing democratic processes.
"The new restrictions will prohibit cruise ship passengers whose trips are arranged as organized tours. It's unclear how the new restrictions will impact US airlines flying newly established routes to the island.Read MoreCuban government statistics say US citizens have quickly grown to become the second largest foreign group visiting the island after Canadians.
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